Titan Wealth Group announces the creation of Titan Settlement & Custody

 

  • Headed by recently appointed CEO Mike Fullalove
  • Titan Settlement & Custody includes Titan Institutional Services (formerly GPP) as well as Titan Wealth Solutions

 

Mike Fullalove, who recently joined as CEO of Titan Settlement & Custody has overseen the transformation of the newly formed division of Titan Wealth Group.

Mike is leading the Titan Settlement & Custody division, which provides execution, settlement & custody services and an end-to-end technology solution to institutional clients via Titan Institutional Services, and to wealth managers, Independent Financial Advisers and Discretionary Fund Managers via Titan Wealth Solutions.

Titan Settlement & Custody (formerly Global Prime Partners) was acquired by Titan Wealth in 2021, as part of the group’s commitment to building a fully integrated client-to-custody offering for its clients and customers. The current annual Institutional volumes have increased by over 30% compared to the equivalent period post-the Titan transaction completion. Titan Wealth Solutions assets under administration have grown by over 100% since the Titan acquisition and will see significant growth over the course of the next two years.

The newly created division underpins the Titan Wealth Group’s capability in custody and settlement services, in addition to its other two core pillars of advice and asset management. Together, the three pillars form Titan’s unique client-focused, vertically integrated approach.

Mike brings a wealth of experience to Titan Settlement & Custody, with over 25 years of experience across multiple sectors within financial services, including nearly six years as global head of asset management, insurance and pensions at Barclays Wealth Management. In addition, Mike has also worked in the technology sector, as an executive committee member of a software company providing solutions to the banking and insurance markets.

Andrew Fearon, joint CEO and Head of M&A at Titan Wealth said:Titan Wealth has grown at an impressive pace over the last few years, the ambition has always been to create a fully integrated end-to-end client-focused approach to wealth management. Titan Settlement & Custody complements our two other strategic pillars of advice and asset management by fulfilling every aspect of Titan’s end-to-end client-to-custody strategy. Mike is well placed to lead and grow Titan Settlement & Custody, and I/ we look forward to working with him where we can strengthen and broaden the service we provide to our clients.

Mike Fullalove, CEO, Titan Settlement & Custody said: “I am delighted to lead this new phase of development and growth for the Titan Wealth Group. The settlement and custody business is an integral part of the offering, whilst also ensuring that state-of-the-art technology and commitment to delivering a quality service sets us apart in the wealth, settlement and custody markets.”

Outgoing CEO Geoff Towers continues to support on an advisory basis.

About Titan Settlement & Custody

Titan Settlement & Custody (formerly Global Prime Partners, “GPP”) is a technology-enabled financial services firm that has provided execution, settlement, custody, and technology solutions to clients that require a seamlessly integrated experience for over 15 years.

Combining a state-of-the-art, proprietary technology stack, an institutional strength operational infrastructure and high quality, client-focused, bespoke customer service support, Titan Settlement & Custody is able to provide clients with an extensive range of service solutions.

Its Institutional-focused trading name, Titan Institutional Services, provides services to clients such as Broker/Dealers, Proprietary Trading Firms, Family Offices and Fund Managers. With more than 200 clients worldwide, it transacts over £45bn through over 45,000 client trades monthly.

It’s Wealth-focused trading name, Titan Wealth Solutions, delivers services to professional clients such as Independent Financial Advisers, Discretionary Fund Managers, and Advisory/Execution-only Firms via our trading name Titan Wealth Solutions.

https://titansettlementandcustody.com/

 

About Titan Wealth

Titan Wealth is a vertically integrated business offering custody, technology platform, discretionary fund management and financial planning. Targeting £100 billion in assets across financial planning, investment management and custody over the next three to five years. Titan Wealth is aiming to become one of the largest independent wealth management groups in the UK and overseas.

Titan Wealth is led by a highly experienced management team with deep expertise across financial services and is backed by Parthenon Capital Partners and Ares Management. Its management team comprises: James Kaberry, an experienced entrepreneur and founder of Pantheon Financial Management, which grew to be one of the UK's largest financial advisory firms; Andrew Fearon, who has been active in UK wealth management and a founder of one of the biggest UK IFA consolidators, as well as raising funds for other UK IFA consolidators; Damian Sharp, whose financial services career spans over 30 years, with the greater part spent at Pantheon Financial Management Ltd where as Managing Director he steered the group through its RDR rationalisation to its ultimate sale to Ascot Lloyd; Ken Coveney who brings nearly three decades of experience to Titan, having previously held the role of CFO at Crown Agents Group, Alcumus Group and most recently at Corona Corporate Solutions.

https://www.titanwh.com/

Disclaimer:

This document is marketing material issued and approved by Titan Settlement & Custody Ltd (Titan Institutional Services) which is authorised and regulated by the Financial Conduct Authority. Titan Settlement & Custody is a wholly owned subsidiary of Titan Wealth Holdings Limited. The company is registered in England and Wales with Company Number 06962351.

The information and any associated attachments are strictly confidential, may only be used for internal use by the intended recipient, may not be reproduced or disseminated in any form and may not be used as a basis for, or a component of, any financial instruments or products or indices. It is directed to persons who are professional clients or eligible counterparties for the purposes of the FCA rules and it must not be distributed to retail clients.

Titan Institutional Services does not provide or offer financial investment, tax, legal, regulatory or other advice and recipients of this document must not rely on it as providing any form of advice. Recipients who may be considering making an investment should seek their own independent professional advice. document is published and provided for informational purposes only.

The information and analysis contained herein is based on sources believed to be reliable, however, we do not guarantee their timeliness, accuracy or completeness, nor do we accept liability for any loss or damage resulting from your use of this document. Opinions expressed are Titan Institutional Services’ present opinions only, reflecting prevailing market conditions and certain assumptions (which may not prove to be valid).

The value of an investment may fall as well as rise. Past performance should not be seen as an indication of future performance.

Please note that all calls made to, or from, the firm are recorded in order to comply with the Firm’s regulatory obligations.

Registered address: Titan Settlement & Custody Ltd, 101 Wigmore Street, London, W1U 1QU.